 cdruGo ColtsPremium,MVM
join:2003-05-14
Fort Wayne, IN
kudos:5
 ·Frontier FiOS
| reply to ScottMo
Re: Flawed jouralism Hey now. The general public shouldn't be concerned about the facts of the hearings. All they need to know is a cliff note summary of FUD.
I thought pretty much the same thing when I read the summary above. Just because an arbitrator finds one way an overwhelmingly high percentage of the time doesn't necessarily mean that something is wrong.
I would expect arbitration for defaulted credit cards to mostly go with the credit card companies. By the time that arbitration (or a lawsuit) would be necessary the CC company has already looked at 1.) do they really think that they are right, 2.) do they think that they can win, and 3.) if they do win, will they have a chance to get any of the money that they do win. If any of the questions aren't sufficiently affirmative, then they may just write it off, make a settlement, etc. It may never even get to arbitration. |
